Recent stories from sustg

MUST-READS

  • Analysis: Saudi Arabia set to compete fiercely with major Asian gasoil exporters with Jazan startup

    The kingdom's latest 400,000 b/d domestic refinery and petrochemical project in Jazan, located on the Red Sea, is expected to start commercial operations some time in mid-2020, S&P Global Platts reported earlier. At full capacity, Jazan will produce 209,900 b/d of ultra-low sulfur diesel, 71,400 b/d of 91 RON and 95 RON gasoline, 48,500 b/d of high sulfur fuel oil and 6,700 b/d of LPG, according to an Aramco corporate presentation at an industry conference in June.

  • Traveling private collection of Banksy artworks lands in Saudi Arabia

    The traveling exhibition, which has already made its way to Amsterdam, Berlin, Melbourne, and Paris, will land in an Arab country for the first time ever. It showcases over 80 iconic creations from multiple private collections including photographs, multi-media prints, and a documentary on the artist and his work.

  • AI
    Saudi Arabia’s Artificial Intelligence Dreams

    Though the industry is still in a nascent stage, there are already a host of startups in Saudi Arabia. Some current Ai startups include Lucidya, an Ai-analytics firm for businesses to monitor their global presence in the social media world. UnitX, a supercomputing and Ai firm that was founded at and financed by King Abdullah University. Healthcare firm Nala, which uses Ai to offer instant diagnosis of patients' issues in Arabic. As of November 11th, 2019, Nala had boasted over 50,000 patient diagnoses on their platform throughout Saudi Arabia.

  • Riyad Bank
    Saudi Arabia’s Riyad Bank starts marketing 10-yr dollar sukuk

    The bank hired JPMorgan, Riyad Capital and Standard Chartered to lead the deal. First Abu Dhabi Bank and HSBC are also involved in arranging the potential debt sale, which is expected to close later on Tuesday. The Tier 2 subordinated sukuk sale is part of a $3 billion issuance programme.

  • Reema bint Bandar interview: Saudi Arabia is Washington’s Closest Partner in Region

    The greatest challenge Saudi Arabia is facing in the US is the stereotypical image that some sides still have of the Kingdom, she lamented. But even this image is being broken down in the US and in different parts of the world as the Kingdom continues along the path of its Vision 2030.

  • Kuwait, Saudi Arabia start trial oil pumping from divided zone: Kuwait minister

    Fadhel said that he expects oil production from the Neutral Zone to reach 550,000 barrels per day before the end of the year. The production from the zone is divided between both Kuwait and Saudi Arabia. The minister also said Kuwait now aims to boost its oil production capacity to 4 million bpd by 2040, after revising the country’s oil strategy.

  • 5G
    STC launches its first 5G smart campus in Saudi Arabia

    The new Smart Campus will facilitate the introduction of different service standards for enterprises, oil rigs, gas exploration, education, medical treatment, mining and other industries with diversified and remote infrastructure to resolve challenges related to capacity, density, coverage, security, high operational cost and complex management.

  • Netflix
    Netflix Nabs Short Films From Saudi Arabia Start-up Telfaz11 Studios

    Netflix has picked up a slew of short firms from Saudi Arabia start-up Telfaz11 Studios. The streamer has nabbed six films, which aim to shine a light on thought-provoking subjects with a focus on social themes. The films will be available to watch in 190  countries from February 27. The digital platform will badge the films under the banner Six Windows in the Desert.

  • Education
    KSA Starts Overhauling Saudi Arabia’s Educational System

    The ministry has 47 directorates and 422 education offices to oversee 300,000 schools, 27 public universities, 15 private universities, 46 private colleges, 70 technical colleges, 96 technical institutes and a group of private training institutes. Sheikh said the ministry employs 516,000 elementary and secondary school teachers, 70,000 university teachers, 12,000 trainers and 300,000 administrative staff.

  • Rub Al-Khali
    Explorer saw nature’s sheer beauty and power in Saudi Arabia’s Empty Quarter

    He was mentally prepared for encounters with dangerous creatures ranging from wild cats to deadly scorpions. But what turned out to be the biggest danger was the desert itself, Calderan said, recalling a moment when he stood before a “mountain of dunes” as high as 300 meters. “It was as if I had travelled to hell — and it was the first time in my life I started to pray in order to come out,” he said.